https://knews.kathimerini.com.cy/en/news/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
https://knews.kathimerini.com.cy/en/business/orthodoxou-aviation-ltd-–-general-sales-representative-of-anima-wings-in-cyprus
We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/2024-a-year-that-seriously-damaged-cyprus-s-investment-reputation
2024 will go down in history as a year that seriously damaged Cyprus’s investment reputation, with the collapse of several high-profile state projects....
https://knews.kathimerini.com.cy/en/news/majority-of-cypriots-lack-faith-in-government-according-to-recent-survey
Cypronetwork, a Cyprus-based market research and consulting firm, has released its latest barometer survey, shedding light on the issues that most concern citizens in Cyprus, public trust in institutions, and electoral behavior....
https://knews.kathimerini.com.cy/en/news/cyprus-deputy-minister-for-european-affairs-outlines-vision-for-2026-eu-presidency
In an exclusive interview by Kathimerini's George Kakouris, Deputy Minister of State for European Affairs Marilena Raouna described the upcoming Cyprus Presidency of the Council of the EU in 2026 as both a significant challenge and an unparalleled opportunity....
https://knews.kathimerini.com.cy/en/news/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/business/panagiotou-best-labor-market-performance-in-the-last-15-years
The labor market in 2024 is achieving its strongest performance in the past 15 years, driven by increased job creation, employment growth, reduced unemployment, and rising wages....
https://knews.kathimerini.com.cy/en/business/tariffs-reforms-and-rate-cuts-2025-s-economic-balancing-act
As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....
https://knews.kathimerini.com.cy/en/life/sip-smart-and-stay-safe-during-boozy-celebrations
The holidays and New Year’s Eve are around the corner, which often brings parties, social gatherings, and a higher chance of alcohol consumption....
https://knews.kathimerini.com.cy/en/news/francois-bayrou-appointed-france-s-new-prime-minister
In a move aimed at stabilizing France's fractured political landscape, President Emmanuel Macron has appointed François Bayrou as the new Prime Minister, the Elysée announced on Friday. ...
https://knews.kathimerini.com.cy/en/news/france-s-government-falls-in-historic-no-confidence-vote
France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....
https://knews.kathimerini.com.cy/en/business/black-friday-buzz-as-shoppers-return-in-full-force
According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...
https://knews.kathimerini.com.cy/en/comment/opinion/nato-foxes-and-airbags-cyprus-political-circus-rolls-on
Christodoulides is trying to get us into NATO, Mitsotakis is working behind the scenes to help us, AKEL is having a meltdown, Turkey is telling us to forget about it, and the Fox from Argaka (Averof Neofytou) is shouting that the idea was his....
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-2-billion-investment-in-cyprus-signals-confidence
According to Kathimerini's Panayiotis Rougalas, Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-major-credit-rating-boost-from-moody-s
Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...
https://knews.kathimerini.com.cy/en/business/greek-hoteliers-sue-booking-com-over-equal-pricing-rules
Greek hoteliers, led by the Hellenic Chamber of Hotels (HCH), are preparing to take legal action against Booking.com, claiming damages that could total tens of millions of euros....
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/business/sklavenitis-expands-in-cyprus-shaking-up-the-supermarket-scene
The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/if-you-cannot-manage-eu-law-in-your-country-how-will-you-manage-it-in-the-27-states
During his hearing for the role of European Commissioner for Fisheries and Oceans, Costas Kadis was questioned by Dutch MEP Anja Hazekamp regarding the Pendakomou waste management plant issue....
https://knews.kathimerini.com.cy/en/news/germany-faces-uncertainty-as-scholz-fires-finance-minister
Germany’s governing coalition faces a major crisis amid economic challenges and mounting political strife, as Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner and announced he will seek a parliamentary vote of confidence on January 15. If Scholz fails to secure support, Germany could see elections as early as March....
https://knews.kathimerini.com.cy/en/business/sklavenitis-cyprus-completes-agreement-with-papantoniou-supermarkets
The agreement regarding the integration of PAPANTONIOU Supermarkets into the SKLAVENITIS Cyprus network has been successfully completed, following approval from the Commission for the Protection of Competition (C.P.C.)....
https://knews.kathimerini.com.cy/en/news/tesla-surges-12-on-trump-s-election-win-musk-s-$75m-bet-pays-off
Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....
https://knews.kathimerini.com.cy/en/news/trump-s-emotional-appeal-vs-harris-s-missed-connections
Experts, academics, and political analysts in Cyprus have weighed in on the reasons behind Donald Trump’s success in the latest U.S. elections and Kamala Harris's defeat. ...
https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape
The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cypriot-society-divided-over-christodoulides-high-profile-visit-with-biden
Last Sunday, as President Nikos Christodoulides faced internal scrutiny over his decision to address transparency in the institution's fund, managed by the First Lady, and the sudden transfer of Treasury Director General George Pantelis, an unexpected invitation made headlines....
https://knews.kathimerini.com.cy/en/news/cyprus-repays-over-€1b-in-debt-easing-financial-strain
Cyprus made strides in paying down its debt in the second quarter of 2024, settling over €1 billion in bonds and loans....
